Archive for: News

When do you need a probate valuation?

When do you need a ‘Probate’ Valuation? You need a probate valuation for Inheritance Tax (IHT) purposes. IHT is a tax payable on a person’s estate after they have died; their estate includes money, goods/assets/possessions and property, and these must all be valued in order to assess whether IHT is payable.  The valuation must be […]

How are pubs doing? Spring 2023 update

How are pubs doing 2023 With news of pub closures being announced Mike Easton at Vickery Holman looks at the market and speaks to publicans and brewers about their experiences during the winter trading period and how things may not always be as they seem. First to note is that the pub closures are nothing […]

A Day in the Life of a Property Manager

So what does a property manager do? William is a Property Manager at Vickery Holman, based in our Truro office.  William  joined Vickery Holman 9 months ago, having moved to Cornwall from London. This article is about a day in the life of a Property Manager in Cornwall and no, it’s not just about changing […]

Pandemic Clauses in Leases

Pandemic Clauses in Leases Given the unprecedented situation we were faced with back in 2020, many tenants are now mindful that their conventional commercial leases do not provide a safety net should the Government require tenants to stop trading. Specific pandemic clauses in leases may include the suspension of rent or a reduction in rental […]

Care Home Market UK – 2023 update

Care Home Market UK The care home market UK is expected to grow. The number of people aged 85 and over is forecast to increase from 1.7 million in mid-2020 to 3.1 million in mid-2045. To keep pace with this age-related growth, the number of retirement homes is estimated to need to grow by 8.8% […]

Net Zero requirements for new housing in Bath and North East Somerset

Bath and North East Somerset Council adopts policy requiring new housing to be net zero. In January 2023 Bath and North East Somerset declared that all future new housing will be required to be built to net-zero standards. The newly adopted policy will ensure the energy use of any proposed development in the area will […]

2023 Rating List – what does it mean for you?

With the 2023 Rating List arriving on April 1st 2023, here’s our lowdown on what it means for you. 2023 Rating List Business rates are a tax on the occupiers of land and the buildings they occupy. This tax is calculated by the Valuation Office Agency (VOA), who estimate the open market rental value of […]

Lease renewals in the retail market

Lease renewals in the retail market; aggressive stance taken by retail occupiers  Tenants with leases protected by the 1954 Landlord and Tenant Act have the right to a new lease when their current one expires. In the lead up to lease expiry, either the landlord or tenant can serve a notice on the other, stating […]

Dilapidations & Section 18 Valuation

Dilapidations & Section 18 Valuation Having clear advice from a professional regularly dealing with dilapidations is key to understanding dilapidations and Section 18 valuations. Vickery Holman’s team of surveyors are not only able to provide advice on the defects and fabric repairs required, but also the impact on value. These different aspects of dilapidations are […]

New occupiers move into Exeter High Street

South West property consultants Vickery Holman and their client, Yelverton Properties, are delighted to announce that new occupiers, Brook Tavener Ltd,  are moving into 43-44 High Street, Exeter. The unit has been unoccupied since the devastating fire in October 2016 which ripped through the iconic Royal Clarence Hotel and the buildings nearby. Exeter’s High Street […]